Dismissed
Punjab National Bank v. Koneygari Mohan Praveen Kumar
DRTOA/375/2023
Case brief
AI extract
What is this about?
A Lok Adalat of the Debts Recovery Tribunal in Hyderabad disposed of an Original Application filed by Punjab National Bank for debt recovery. The court recorded a mutual settlement between the applicant bank and the defendants via a memorandum dated 16.04.2024, which led to the withdrawal of the claim and the order was passed accordingly.
What did the court decide?
The Original Application was disposed of as withdrawn due to mutual settlement; court fee refunded.